Speaker Mike Johnson is taking a hard line in talks over final spending levels for fiscal 2024, imperiling odds of a deal in ...

After months of infighting, bruising failed floor votes and the historic ouster of their leader, House Republicans could end ...

Republicans had a mixed year in 2023, but they still hold the edge over Democrats on many top issues heading into a crucial ...

Rep. Kevin McCarthy (R-Calif.) is calling it quits, announcing on Wednesday that he will leave Congress at the end of the ...

following the House’s passage of the Fiscal Responsibility Act in response to the looming federal debt ceiling crisis. The tenuous agreement reached between House Speaker Kevin McCarthy and ...

The agreement includes spending cuts demanded by Republicans, but it is short of the reductions in the sweeping legislation passed by the Republican-led House last month.

Oil prices dipped due to economic worries, despite a debt ceiling deal being reached in the US that averted an economic default and helped support higher demand. U.S. President Joe Biden and House ...

The debt ceiling is a limit that Congress imposes on how much debt the federal government can carry at any given time. When ...

The first fight happened exactly 70 years ago, in 1953, when U.S. debt was about $275 billion. But there's never been an ...

Germany's strict constitutional debt rule faces an overhaul after a shock court ruling blew a hole in the budget and left the ...